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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (30227)4/27/2005 4:10:49 PM
From: TradeliteRead Replies (4) of 306849
 
By the way, Chris....

Either the Wall Street Journal or Wash Post published (in the past week) a study showing areas in the U.S. where jobs have increased the most lately.

The top areas gaining the most jobs also happened to be areas often classified as housing bubble areas......

I recall Miami was at or near the top of the list, Wash DC was in there and of course California and Boston and NYC figured in that list as well, as I recall.

So........the conclusion I got from reading the story was that real estate only sells hotly in areas where people are working at good jobs and jobs are growing. I will try to find the story in the next few minutes, but may not have the newspaper in the house anymore.

Did anyone else see this story? I'm pretty convinced it was in the Wall Street Journal.
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